Usd/Jpy

[forexgroove]

USD/JPY intraday: further upside.

Pivot: 97.65
Our preference: Long positions above 97.65 with targets @ 98.5 & 98.9 in extension.
Alternative scenario: Below 97.65 look for further downside with 97.3 & 96.95 as targets.
Comment: the pair stands above its support and remains on the upside.

[VANDA_S]

On the hourly chart, price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
50 RSI line cross above the 50 area, indicates the trend is still up
Recommendation: BUY
Take profitt: 99.81
Stop Loss :97.21

[Lily]

USD / JPY forward to further rost.Nasha pivot point is at 97.65.- Preference: Long positions above 97.65 with targets and 98.2 98.5.Alternativny scenario: The downside breakout of 97.65 will open the way to 97.3 and 96.95.Analysis: RSI is mixed to bullish.

[noga mansour]

Pivot levels today:
R3: 99.84
R2: 99.12
R1: 98.53
PP: 97.80
S1: 97.22
S2: 96.50
S3: 95.91
Comment: Price now is above the daily pivot level, also it is above the 55 SMA, so more rising is expected.
Forecast: Price may rise to 99.37.

[assouma]

Intraday bias in USD/JPY remains mildly on the upside for 99.94. But then, decisive break there is needed to confirm up trend resumption. Or consolidation from there would still extend with more choppy sideway trading. Break of 100 should send USD/JPY to 161.8% projection of 77.13 to 96.70 from 92.56 at 104.65. Meanwhile, below 97.00 will turn bias to the downside for deeper fall. But in that case, downside should be contained by 95.74 and bring rebound.

[Gold]

Yesterday the pair breached the upper limit of a converging triangle course now, after a long sideways consolidation with the opening of the European session began resuming its northern growth was the formation of a parabolic circle in breaking resistance 98.25 add another purchase.

[GunDuL]

see USDJPY pair market movements in H1 timeframe seems bullish power is still so strong. that will penetrate the 50% Fibonacci point that became resistant when this will be possible will be forwarded to the next resistant at the 61.8% Fibonacci point

[aliv]

like GBPJPY I suggest you to open a buy order for the currency pair USDJPY bullish because they have a greater chance, but to the target range in USDJPY is only 20 pips at a price 98.19, depending on the news that would happen if it could lead to the weakening jpy USDJPY will potentially penetrate high in price 98.38

[mitali277]

Usd/jpy pivot levels by using fibonacci pivot indicator.

r3: 99.14
r2: 98.63
r1: 98.32

pivot : 97.81

s1: 97.30
s2: 96.99
s3: 96.48

[ardam]

Pair : USDJPY
Updated : Fri, May 03 12:31
Price : 97.98
Movement : 5.9 Pips
Movement : 0.06%

Support : 96.49
Pivot : 97.80
Resistance : 99.10